NEW YORK, June 8, 2017 /PRNewswire/ -- The global tooling resin market is forecast to grow at a CAGR of 6.9% from 2017 to 2022.
Tooling resin is used to make tooling boards and composites molds. The major driver of growth for this market is the increasing demand for tooling boards used for prototypes of automotive and aerospace parts.
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Emerging trends, which have a direct impact on the dynamics of the tooling resin industry, include increased demand for high temperature polyurethane resin to manufacture tooling boards.
A total of 128 figures / charts and 102 tables are provided in this 167-page report to help in your business decisions.
The study includes tooling resin market size and forecast for the global tooling resin market through 2022 by application, by product type, material type, and region, as follows:
Tooling resin market by application type (Value ($M) and Volume (M lbs) shipment analysis from 2011 – 2022):
• Transportation
• Aerospace
• Marine
• Wind Energy
• Others
Tooling resin market by product type (Value ($M) and Volume (M lbs) shipment analysis from 2011 – 2022):
• Mold
• Tooling Board
• Tooling Paste
Tooling resin market by resin type (Value ($M) and Volume (M lbs) shipment analysis from 2011 – 2022):
• Epoxy
• Polyurethane
• Others
Tooling resin market by region (Value ($M) and Volume (M lbs) shipment analysis from 2011 – 2022):
• North America
• Europe
• Asia Pacific
• Rest of the World
Tooling resin companies profiled in this market include Momentive, Huntsman Corporation, Dow chemical, Cytec (Solvay), Hexcel, and Gurit are among the major suppliers of the tooling resin market.
On the basis of its comprehensive research, Lucintel forecasts that the transportation and wind energy segments are expected to show above average growth during the forecast period.
Within the global tooling resin market, transportation is expected to remain the largest market by volume and value consumption. Growing demand for lightweight materials in the automotive industry is expected to spur growth for this market over the forecast period.
Europe is expected to remain the largest region because major automotive and aerospace parts manufacturers are located in there. Furthermore, the demand for tooling boards is growing for developing prototypes for formula one cars, motorsports vehicles, lightweight passenger vehicles, and in the aerospace industry.
Some of the features of "Growth Opportunities in the Global Tooling Resin Market 2017 2022: Trends, Forecast, and Opportunity Analysis" include:
• Market size estimates: Global tooling resin market size estimation in terms of value ($M) and volume (M lbs.) shipment.
• Trend and forecast analysis: Market trend (2011-2016) and forecast (2017-2022) by segments and region.
• Segmentation analysis: Global tooling resin market size by various applications such as application, product, and resin in terms of value and volume shipment.
• Regional analysis: Global tooling resin market breakdown by key regions such as North America, Europe, and Asia & Rest of World.
• Growth opportunities: Analysis on growth opportunities in different application, manufacturing process, product, country of global tooling resin market.
• Strategic analysis: This includes M&A, new product development, and competitive landscape of automotive radiator in the global tooling resin market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth trends in the global tooling resin market by product (molds, tooling boards, and tooling paste), by material (epoxy, polyurethane, and others), by application (aerospace, transportation, wind energy, marine, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which product segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges in the tooling resin market?
Q.5. What are the business risks and competitive threats in tooling resin market?
Q.6. What are the emerging trends in tooling resin market and the reasons behind them?
Q.7. What are the changing demands of customers in the tooling resin market?
Q.8. What are the new developments in the tooling resin market and which companies are leading these developments?
Q.9. Who are the major players in tooling resin market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products in tooling resin market and how great of a threat do they pose for loss of market share through product substitution?
Q.11. What M&A activities by the major tooling resin suppliers have transpired in the last 5 years in tooling resin market and what impact have they had on the industry?
Read the full report: http://www.reportlinker.com/p04918785/Global-Tooling-Resin-Market.html
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